Due to rising home prices – which are up about 20% on average over the past year – U.S. homeowners have more tappable equity at their disposal than they have since 2006, according to Black Knight’s Mortgage Monitor report. 

U.S. home prices are up 42% since the start of the pandemic, with the average home having gained almost 9% in value just since the start of 2022, according to Black Knight’s data.

And many

The post Black Knight: U.S. Homeowners See Tappable Equity Balloon Due to Rising Home Prices appeared first on Appraisal Buzz.